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Palantir Retreats Following Its Surge After the Venezuela News. What’s the Best Strategy for PLTR Shares Now?

Palantir Retreats Following Its Surge After the Venezuela News. What’s the Best Strategy for PLTR Shares Now?

101 finance101 finance2026/01/09 00:39
By:101 finance

Palantir Shares Retreat After Recent Surge

On January 8, Palantir Technologies (PLTR) experienced a slight decline in its stock price, following several days of gains fueled by speculation about its involvement in a recent U.S. military operation in Venezuela.

Arvind Ramnani, a senior analyst at Truist, recommends that long-term investors consider taking advantage of this dip, describing Palantir as the leading artificial intelligence (AI) investment opportunity for 2026.

Related Updates from Barchart

Ramnani’s optimistic outlook comes as Palantir’s stock has already soared approximately 180% from its lowest point in the past year.

Truist’s Positive Outlook on Palantir

In his recent analysis, Ramnani acknowledges that Palantir trades at a premium, but argues that the company’s robust financials justify its valuation.

Palantir has achieved an impressive “Rule of 40” score, surpassing 100 according to its third-quarter financial report.

The analyst maintains a “buy” recommendation, citing Palantir’s strong potential to drive AI integration across both government and commercial sectors.

Ramnani has set a price target of $223 for Palantir, indicating the stock could climb another 30% over the coming year.

Jim Cramer Shares Truist’s Optimism

Ramnani anticipates that AI adoption will accelerate in the coming year, positioning Palantir to benefit significantly from this trend. He also points to the company’s international expansion as a key factor for future growth.

With a free cash flow margin exceeding 40%, Ramnani believes Palantir is well-placed to boost shareholder returns over time.

Prominent investor Jim Cramer echoed this positive sentiment on CNBC, stating that Palantir has dramatically improved the performance of its client companies, which he sees as a hallmark of an outstanding business.

Barchart’s analysis of options activity also indicates that Palantir’s stock could surpass $200 within the next quarter.

Wall Street’s View on Palantir

Although other analysts are not as bullish as Truist, most major firms remain cautiously optimistic about Palantir’s prospects.

The consensus rating for Palantir is currently “Hold,” but the average price target of around $193 suggests there is still about 10% potential upside from current levels.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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